Labor and the Coalition defend their housing plans for first-home buyers | ABC NEWS
Labor and the Coalition are defending their respective plans for Australians hoping to take their first step onto the property ladder.
Treasurer Jim Chalmers tells News Breakfast Labor’s plan for five percent deposits for all first-home buyers is “very responsible” and will help more young Australians into the market.
Shadow Minister James Paterson says the Coalition is looking to fix the “generational despair” among young Australians by allowing first-time buyers of newly built homes to deduct part of the interest paid on their mortgage from their income taxes.
#ABCNewsBreakfast
Subscribe: http://ab.co/1svxLVE
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on X (Twitter): http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
